Deductions & credits

It depends.  If this was a sale of your boat slip you will report this as an investment sale and it can be entered in TurboTax using the steps below.  The gain will be long or short term depending on your holding period.  Long term sales for property held longer than one year there is capital gain treatment which provides a lower tax rate than the rest of your income.

1. Sign into your TurboTax account
2. Select Wages & Income > Scroll to Investment Income > Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
3. Start or Revisit > Continue or Add more sales
4. Select Other then enter your person or name of sale broker
5. Select Other at the bottom of the list for the type of investment
6. Continue to enter the details of the sale
7. See the image below.

If you need further clarification please add any additional details here.